Hi all,

In desperation I phoned the selling agent today to appeal to the purchaser…. It seems that he is an accountant (so now I really don’t trust him)…..

The selling agent (who I did have a great repoir with) emailed me before that the purchaser was going to pay up! Thank goodness for him!

I won’t believe it until I see it in our bank…[Read more]

Hi Andrew,

We had very good experiences with dealing directly with a NZ Bank, rather than Mortgage Brokers. We used ANZ if anyone is wondering…

We found our ANZ Business Manager to be so much more professional, helpful and co-operative than our Australian ANZ Bank Manager! Even the branch staff are more courteous and helpful than over here!…[Read more]

back on track here!

Hi Steve,

Just wanted to add my thanks for finally adding a forum specifically for people interested in NZ investing.

It will make things a lot easier for all, rather than being mixed with “General Property”.

Cheers,

Del [biggrin]

Hi all,

All I can add, is that we have used Lamberton’s for the last 18 months or so.

We have found their property management section to be great. Especially when you require maintenance on your property. They are like an “all in one” shop. They have a maintenance company attached to Lamberton’s so the waiting time for repairs is very quick.…[Read more]

Hi Matt,

Yes it does get tempting at times, to think… hmmm I could save “X” amount every week by doing the management myself…

But then when you build up to having a few properties, or 10 or 20, you soon realise that your time is MUCH MORE VALUABLE than saving $10 or so dollars a week on mgmt.

Property Managers (good ones) pay for…[Read more]

Hi Sonja & Skippygirl,

Yes I agree with both of you.
It is a great and very profound book.

I love it !!

Del

Hi all,

I was one of the first aussies after Westan & Mini to be buying in NZ. We have found it to be fantastic, and VERY rewarding.

We are at present selling most or all that we have there, to take the profits, and move on.

We are currently buying a Queenslander in ************ (QLD of course), and plan to do a reno on it, but within about 12…[Read more]

Hi Richmond,

Funny you should post this…
No, I’m pretty sure this hasn’t been mentioned here.

I spent about an hour last night looking at all the different websites to decide which one was best to give our donation to.

We finally decided on Care Australia and are giving $100 every month for the year. It’s not much really, just the cost of a…[Read more]

Congratulations Lisa,

I’m sure you won’t regret it…

Just make sure that you keep yourself accountable to someone about the goals that you set for yourselves… Right your goals down where you look at them every day !!

This makes the difference between “being successful,” and

“BEING SUCCESSFUL”!!!!!!!!!!!!

Regards,

Del [biggrin]

Hi,

Just to clarify, DD was not part of the MAP.

If you want to get in contact with him, perhaps send him a private msg.

Regards,

Del

Hi Tait,

What country are you looking for properties in – Australia or NZ?

If NZ, I can definitely recommend (from the forum) Westan, especially for the South Island, or MiniMogul or Castledreamer who are NZBIRDDOGS, especially for the North Island. I think that John Robinson from the MAP is still doing it also (in NZ).

If you are looking for…[Read more]

Hi Mortgage Adviser,

Thanks for posting that…

I was not aware about the ruling after 1st July, 2000, that if you owned properties but did not LIVE IN THEM that you are still eligible for the FHOG.

Cheers,

Del [biggrin]

Hi Novice,

It would be interesting to see your figures on the $500K deal. Why not run them past the forum (without giving away the area/town or anything)… and see what others think…

I’d definitely start A LOT SMALLER…

It’s hard to comment too much when you don’t explain the deal in more detail, ie. is it commercial, annual rent,…[Read more]

Hi Faccina,

(1) How would you be eligible for the FHOG if it is an IP? Would you move into in for a while?

(2) I wouldn’t be jumping into ANY property JUST BECAUSE it may be positive cashflow these days…

(3) Can you afford the extra repayments of the $70pw longterm without sacrificing too much? Just remember that Capital Growth may be 5 -…[Read more]

I found this article on the net on propertyguide.com.au… Some may find it of some interest… [biggrin] Del…

PURCHASE BY AUCTION

There has been much hype surrounding auctions since several television programs popularised them as an exciting way of watching vendors hope for big profits and buyers pursue their dream homes. However there are…[Read more]

Hi Mel,

Great to hear from you again. I had been wondering what had happened to you!!!

Thanks for your kind words. The MAP was fun but also very difficult. It was definitely life changing for us, because it made us be HONEST to each other, and because of the MAP we have now totally changed our lives for the better. The property purchasing…[Read more]

Hi Kuri,

I agree with Mortgage Adviser…

I don’t think that you could do better than the Depreciator. You can find him on http://www.depreciator.com.au

I haven’t used him “yet” but I will soon for 3 properties in QLD. I have spoken to him on the phone and he is friendly and seems very knowledgable.

I believe he also gives discounts for forum…[Read more]

Hi Aussie,

Sounds like we should all be buying up the mining shares instead !!

Cheers,
Del

Rigby,

Good on you!!! You are very fortunate…
Good luck with your investing there.

Canada is my Number 1 destination for a holiday…(ONE DAY) !!

Wayne, just curious, do you invest there also?

Regards,

Del

Monopoly,

[biggrin][biggrin][biggrin]

Regards,

Del